http://gangplankhq.com/ kickass guys and gals doing this in Phoenix, and http://jailbreakomaha.com getting started in Omaha, NE.

That's an incubator. Been done.

The current sense of Incubators are a bit different, they look for groups with ideas, take them under their wing for a fraction of stakes, and let them go. The ideas always come from the outside.

What I am saying is, even the ideas are brainstormed inside. Imagine 100 great minded people every month sitting down and choosing a good idea (that originated from the inside), and all of them putting their efforts in to implementing it. You do that every month.

This is a really good idea. VCs sort of do this but they exact to high a price. YC sort of does this but they are more focused on funding. Then there are the legions of consultants that do some part of this but not the whole thing.

It's a bad idea. Reason: the value doesn't come from implementing the FIRST idea, the value comes from iterating on the idea until it really fits the market. So you can not just throw out ideas every month and see which stick, you need to throw out an idea, iterate on it until it sticks, or abandon it and move to the next one.